Federally Insured Home Equity Conversion Mortgages (HECM) - Amount Committed by Third Party

Acct Code

Description

Tip for pulling data stored in CU*BASE

811B4

This is the amount of unfunded commitments for federally insured home equity conversion mortgages (HECM) also referred to as reverse mortgages. Report unfunded commitments made on the credit unions behalf through a third party.

This account code was removed by the NCUA in March 2022.

No CU*BASE tip at this time.

The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.

For more information about the 5300 Call Report Software, open the book.